| (REF: IK216) Highly Profitable Design & Supply of Domestic Kitchens, Bedrooms and Bathrooms |
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| Seller Reference: |
IK216 |
| B4S Reference: |
13960 |
| Asking Price: |
£130,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£340,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South West Wales, Wales, United Kingdom |
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This well known and respected business was established in 1998 and specialises in kitchen, bedroom, bathroom design and installation and has remained under the same directorship since that time. It has built a reputation for providing knowledgeable and well founded advise, superb and innovative designs, good quality suppliers, plus a broad range of tiles, taps and fixtures and fittings. The business is supported by skilled installation teams who work on a self employed basis but who have been associated with the company for many years.
The design, supply and installation of fitted kitchens represents circa forty percent of its revenue streams. Unlike some similar operations it doesn´t just supply fitted kitchens. It also carries an excellent range of bathroom, wet room and shower room displays plus some bedroom units. The net result is the ability to re market previous customers with additional products and opportunities. This has provided a broad business base that has been the policy of the company since its inception. It does not operate in the discount market with an average order being in the region of six to eight thousand pounds. Its customer base is spread in a radius of around thirty five miles from its showroom but on occasion it has supplied customers in England and Northern Ireland.
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Property: |
Leasehold |
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Lease Terms: |
The modern leasehold premises are located on a small business park within three minutes of the main dual carriageway across the region. It occupies a double unit one of which is used to carry a balanced amount of stock. The other plays host to around thirty five displays of all description in a well lit showroom that also contains the administration office. There is ample parking to the front of the building. The premises cover approximately four thousand square feet. The lease is in place on a six month rolling basis and commands rent and rates totalling circa ?26,300:00. |
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Current Rent: |
six month rolling basis and commands rent and rates totalling circa £26,300:00. |
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Living Accommodation: |
No |
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The business has been very active in advertising itself in a number of local media. These include three local and regional papers and a long running campaign on the local radio station. |
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There will be a full and professional handover of the business for a period to be agreed as part of the overall sales negotiations. |
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The directors have enjoyed a long and successful career building and running this business. They now wish to retire and to pass it on to a fresh and energetic generation of directors to take it to the next stage in its growth curve. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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? Two directors
? One employed fitter
? Teams of self employed fitters on demand |
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